We are laying off over 1,000 people - this was announced today, things will be getting worse as the brand is maturing and we are losing market share with younger demographics. We are exiting some South Asia markets that are generally growing but we are not getting much traction there (South Korea and Vietnam) - I am not very optimistic that we'll be able to do a quality turn around at this point, I think someone might come and gobble us up. Jung and McCoy should leave ASAP. Just my 2 cents...
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